Location: Kingsport, Tennessee, USA.
Based on news reporting.
Eastman Chemical Company has announced a global headcount reduction affecting approximately 300 employees. This decision is part of the company's strategic restructuring efforts aimed at improving operational efficiency and adapting to market conditions. The layoffs are expected to take effect by October 1, 2023, as the company seeks to streamline its workforce in response to ongoing economic challenges. The Kingsport, Tennessee-based firm emphasized that this move is necessary to maintain competitiveness and ensure long-term sustainability. The company is committed to supporting affected employees during this transition.
Eastman Chemical Company cut 300 jobs as of October 1, 2023.
That is roughly 2.1% of the 14,000 people Eastman Chemical Company employs.
LayoffTalk has tracked 3 layoff events at Eastman Chemical Company since October 2023, affecting a combined 343 employees.
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